Heir Loans and Advances

How to get cash from your inheritance or trust before the close of probate or trust distribution

What financing options are available for Heirs of Estate? How much can I get now? How long will it take to get my money? When must I repay this?

Heir advances
1. Heirs of decedent's estates can obtain a cash advance on their inheritance now and repay the obligation when the probate closes. Heirs can expect to get about a quarter to a third of their net inheritance early. Heir advances typically require 7-10 working days to fund. Does not have to be real estate; could be cash, stocks, or other liquid assets
2. Advances must be paid at the time of close of probate or sooner.

Heir loans
1. Heirs of decedent's estates can borrow on their inheritance now and repay the loan when the probate closes. Heirs can expect to get about a quarter to a third of their net inheritance early. Heir loans may take as few as 5 working days to close. Does not have to be real estate; may be cash, stocks, or other liquid assets
2. You may wait for up to about six months to begin paying on your loan. You may even be able to extend your loan past the close of probate if you are receiving a home or other property from the estate.

Trust loans
1. Beneficiaries of trusts may be able to obtain cash from their share of the trust early, provided they meet certain conditions. Trust advances typically require 7-10 working days to fund.
2. Cannot have non-invasion clause preventing assignment of interest

What information you'll need to provide lender to speed up your request:
1. Show proof of inheritance - have a copy of the will or trust, if available.
2. Have information to show sufficient assets in estate or trust

So, what can you do with financing? Here are just a few examples:
1. Pay personal debts
2. Provide quick funds for emergencies
3. Stop foreclosure
4. Pay delinquent taxes
5. Money for repairs
6. Cash for future living expenses
7. Pay for education